In light of the continuing challenges taxpayers are facing with the corporate alternative minimum tax, the IRS granted a waiver of the addition to tax for failure to pay estimated corporate AMT “in ...

Large-company CEOs in a KPMG survey are confident in the U.S. economy despite multiple risks. Also, the CEOs seem to be changing their thinking about a permanent return to in-office work, with more ...

Two sets of proposed regulations issued by the IRS provide guidance on the implementation of the new excise tax and on rules for the procedure and administration applicable to the reporting and ...

The IRS opened its annual Dirty Dozen list of scams that target tax professionals, taxpayers, and businesses on Thursday with a warning about evolving phishing and smishing scams designed to steal ...

CPAL: The win-win of effective well-being initiatives: 5 steps for leaders Happy employees are productive employees, but simply offering well-being programs won’t get the job done. The key to success?

Conservation easements, digital assets, and microcaptive insurance — these are just some of the schemes and scams the IRS covered Thursday, the last day of its annual Dirty Dozen campaign. Started in ...

The proposals, open for public comment through June 7, cover 11 firm and engagement metrics as well as new annual and special reporting requirements in five key areas.

The IRS said it will not include the rebates provided under the Inflation Reduction Act of 2022 in individual purchasers’ gross income or in the cost basis of the property purchased.